The first wholly foreign-owned hospital will open in the China (Shanghai) Pilot Free Trade Zone in about 18 months, Shanghai Daily learned yesterday.

Germany-based medical and health care provider Artemed Group signed an agreement to establish Artemed Hospital in Shanghai’s FTZ.

It will include a medical imaging and diagnostics departments along with training and research and development centers.

The hospital is expected to open in about 18 months‚ Artemed Group’s founder Rainer Salfeld was quoted as saying by thepaper.cn yesterday.

It will offer medical services including treatment of muscle, bone, celiac and lung diseases. It will be equipped with high-end medical equipment and staffed by both foreign and Chinese doctors.

Under FTZ guidelines, a series of sectors, including health care, have been opened to foreign investors.

The introduction of foreign medical institutions will offer patients more choices in China, where high-quality hospitals are required, according to analysts.

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